Tuesday, April 14, 2009

Obama, when is the right time to cut spending?

Obama is quoted in this article as saying "The last thing a government should do in the middle of a recession is to cut back on spending."

Should the government cut back spending at the start of a recession instead? How about cutting back when the recession is over? If a program is unnecessary, it should be cut irregardless of the current economic situation. It's even wore vital to do so when tax revenues are down.

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